| Road | Price | PSF | Size | Date | Type |
|---|
|
Lengkok Pemancar
|
RM 1,730,000
|
RM 600
|
2,885 sqft
|
|
|
Lengkok Pemancar
|
RM 2,200,000
|
RM 722
|
3,046 sqft
|
|
|
Solok Pemancar
|
RM 3,000,000
|
RM 367
|
8,184 sqft
|
|
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Market Snapshot
ResidentialRM 2,200,000
RM 600 psfMedian transaction price
Gelugor, Penang, Malaysia
MapsKawasan Bandar Gelugor in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 2.20 million and a median price per square foot (PSF) of RM 600.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 2.20 million, with most transactions falling within a stable range of RM 1.73 million to RM 2.72 million, and a typical market range of RM 1.73 million to RM 2.71 million.
Most transactions involved detached, with moderate diversity in property types available.
Price per square foot shows a median of RM 600, though individual units vary from RM 452 to RM 747 in the core range. The broader market spans RM 508.21 to RM 691.21, indicating diverse property characteristics. The spread of RM 183.00 (IQR) and deviation of RM 148 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.